How best to generate retirement income from $40,000 in Fidelity mutual funds?

My mom has just retired. She'll be get annually about $24k in annuity and pension and another $14k in Social Security. She has a Fidelity account that has about $40k in it and its is currently ina Growth type funds. I'm looking for suggesions within the Fidelity Family of Funds that would be good at generating income while keep risk and volatility low. Also, it would be nice if it was tax efficient, too. Any ideas?

I wouldn't be afraid to have 10% of here contributions in a higher risk fund like Int'l Divers fund.. I would have a portfolio though. Choose 5 or so.. If one does bad then you can have the others back you up.. Split the five funds between 10-30% until you total 100%... You can have a low risk at 40% then split the other 4 at 2 for 10% (High Risk)with two at 20% (Lower risk).

Tags

　　Forex 　　Foreign Investment 　　Financial Investment 　　Fidelity Investment 　　Fidelity Fund 　　Exchange Traded Funds 　　Equity Investment 　　E-gold

Related information

Where can I can past year distributions (dividend, cap gain distribution, ...) for Fidelity funds?

You asked the queston twice and both times you spelled it incorrectly. Start at www.fidelity.com, or go to: ...

Mutual funds fidelity investment?

Nobody could answer this question properly without knowing your investment objectives. By this I mean - what risks are you willing to take to earn money. Your investment objective should be geared ...

Does anyone know what happened to certain Fidelity Mutual Funds on 9/5/2006 ?

From Morningstar: ...

Is Fidelity Growth & Income and Fidelity Magellan good funds to invest in 401k?

Fidelity is a good, reliable company, but choosing particular funds depends on your particular situation and your risk tolerance. If you're young and have a lot of time before you retire, a...

Which Fidelity mutual funds should I pick?

I think you will have more fun investing in funds other than the Freeedom Fund. Also it will be less expensive. You get hit twice with fund expenses with the Freedom Funds. Once for the fund and...

Why did Fidelity Select Medical Equipment Systems(FSMEX) mutual fund tank today?

Ex dividend date is 12/8/2006. The dividend is 0.97 a share so the price should have dropped by that amount on that date plus any drop in net asset value due to market conditions.

...

I just funded a Roth IRA with 2,500 at Fidelity. I can only afford 1 mutual fund, what should I consider?

Fidelity provides a lot of assistance for people to find the fund(s) that meet their investing style and objectives. With $2500 you should be able to invest in more than one fund. Check the minim...

Which Fidelity mutual funds should I invest my 401k in? Im 32 years old.?

Do not invest in just one fund. Diversity is your best option. Some in FAERX, some in FSCTX, some in FAEGX and some in FGITX and a lesser amount in FDAXX as a safety value in case the market fall...